🚨 $XAU — RSI 83, AND I'M STILL WATCHING LONG.
On the 15-minute chart, RSI is already 83.11.
Logically, a pullback should occur.
But the 4H trend remains strong, so overbought conditions on the lower timeframe alone do not invalidate the LONG.
Entry zone: 4387.13–4393.21
🎯 4447.60
🎯 4485.89
🎯 4543.32
🛑 SL: 4313.60
The question here is simple:
Is RSI wrong, or will the 4H continue?
In a strong trend, overbought conditions can last longer than they seem. 👀
#GoldTrading #xauusdt
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